USD/CAD, EUR/USD, USD/CHF
Sometimes last week, i asked us to make certain decisions on the trade. I am aware that these trades did not go as some would want it to. some of you were hoping to start seeing profits immediately. I was careful about this.
I decided to post just once and after that I kept mute as I did nothing but to watch the market events.
The CBN Policy indeed affected Dollars. This is to say that Naira is a very strong currency in the International Arena and majorly in Africa.
These are currently what is obtainable as at June 24, 2015
I would like you to know that Forex is not gambling. you must understand Forex trading before going into it. I will soon be doing Forex Lectures. I hope to begin before the year runs out.
Also, always use money that you can dash out to trade Forex. Please, never use your income to trade Forex especially when you have just started. Its very funny that some Nigerians do borrow money to trade. This is wrong. Forex experts do not use all their resources to trade. You Must realize that the possibility of making wrong decisions is very possible especially when you make such decisions with borrowed money. Forex works with the heart and its an art. If you are an artist, you will understand the secrets of Forex.
The very heavy technicalities some people have attached to Forex and made it very hard and people are not able to see the simplicity in this.
Below are the trades so far:
USD CAD
There is however a trend-line that needs to be broken. so if this trend line breaks northward, you make take trading decision. Pls, close this trade for now
EUR/USD
This trade is quite interesting as you will not always see this spin. My eyes will be on this trade to know when to close the trade because its really getting close to its peak
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